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Dec 10, 2013
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, presumably re-elected with less vote or mandate. is that that double bite? >> i think the big problem in brazil is that growth has slowed so much recently and the supporters of government has weakened. for her to get back into power, what they need is structural reforms to switch their growth model away from consumption and investment. to do that, they need to raise savings rates, introduce pension forms. >> yeah. so despite the -- sort of the world cup coming, the distraction -- >> it's more a distraction. >> so out of the five, indonesia is the one that is likely to fare best? >> i think so. that's the one that we're most confident on. you know, there's certainly no guarantee who's going to win, but if joka does win, and he's the strong favorite at the moment, sentiment could be really good. is that enough to take pressure off the rupiah? >> i think so. part of the reason why indonesia has been so badly hit is uncertainty coming up to the elections. if you get a new minded guy in power, it could reduce sentiment. >> wee just got n
, presumably re-elected with less vote or mandate. is that that double bite? >> i think the big problem in brazil is that growth has slowed so much recently and the supporters of government has weakened. for her to get back into power, what they need is structural reforms to switch their growth model away from consumption and investment. to do that, they need to raise savings rates, introduce pension forms. >> yeah. so despite the -- sort of the world cup coming, the distraction --...
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Dec 5, 2013
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. >>> india's party looks to make gains in key elections. we'll be in dehli in just over half an hour. >>> and move over, detroit. tensions are moving to other regions drowning in debt, including puerto rico. what it could mean. if you've got any thoughts or comments about anything we're talking about today, e-mail us, worldwide@cnbc.com. the ecb today will be presenting new growth and inflation forecasts alongside the announcement of its latest policy decision. the central bank said it expected a slight rise in inflation in 2014 and '15 and predicated a rise in in inflation across the upper row zone next year. annette is with us now. they cut rates last month. the euro hasn't weakened. we had sharp divergence between germany and france. what do they do now? >> that's a good question, actually, probably. today they won't do anything. we might see more moving towards potential further easing next year. as well, of course, that wouldn't be their first agenda to weaken the euro a little bit towards the dollar. they would never admit that. but i
. >>> india's party looks to make gains in key elections. we'll be in dehli in just over half an hour. >>> and move over, detroit. tensions are moving to other regions drowning in debt, including puerto rico. what it could mean. if you've got any thoughts or comments about anything we're talking about today, e-mail us, worldwide@cnbc.com. the ecb today will be presenting new growth and inflation forecasts alongside the announcement of its latest policy decision. the central...
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Dec 6, 2013
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the following year in the first mixed race election in south africa's history, nelson mandela was elected president. today is a day like no other before us. >> we were the first to interview him on that first morning as president elect. mandela tempered south africa's joy when he said healing his country would take time. >> it cannot be done overnight. it is going to take a year, two years, even as much as five yea years. >> from enemy of the state to head of state, nelson mandela's walk to freedom became a journey jared by his entire nation. >> i have never been so excited and hopeful in my life in south africa as i am now. >> years later, nelson mandela paid a return visit to his former prison cell, this time accompanied by president bill clinton who later presented him with the congressional gold medal. mandela stepped down as president in 1999, but he lived long enough to see the united states elect its own first black president. and in 2011, he was paid a visit in south africa by first lady michelle obama who brought along first daughters malia and sasha. admired around the world and
the following year in the first mixed race election in south africa's history, nelson mandela was elected president. today is a day like no other before us. >> we were the first to interview him on that first morning as president elect. mandela tempered south africa's joy when he said healing his country would take time. >> it cannot be done overnight. it is going to take a year, two years, even as much as five yea years. >> from enemy of the state to head of state, nelson...
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Dec 3, 2013
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he was always going to go with the sooiide of this equation that would guarantee him success in the elections. from his perspective, that was going to be russia particularly as the ukraine required financial support which the eu seems unlikely willing to provide. >> if they had been willing to provide that, would the situation have been different? >> potentially. however, russia does hold a number of cards. obviously, ukraine is still very dependent on gas imports from russia and the gas price would have been a crucial consideration in all of this. however, it's clear from what has happened yanukovych miscalculated the extent to which the population is in favor of joining us moving towards the eu. we just got this note coming out from the ukraine finance minister saying can ikiev will back its debt on time. what do you make of that? >> that's clearly a signal to russia that the ukraine is still on side and possibly able to appeal to russia to come forth with distance. at this point, yanukovych has to show concrete evidence of russian support. >> are these protests go to go continue? and what
he was always going to go with the sooiide of this equation that would guarantee him success in the elections. from his perspective, that was going to be russia particularly as the ukraine required financial support which the eu seems unlikely willing to provide. >> if they had been willing to provide that, would the situation have been different? >> potentially. however, russia does hold a number of cards. obviously, ukraine is still very dependent on gas imports from russia and...